Electric cars are coming and they are coming in numbers now. All major auto-makers are moving into electric space these days. Prices are still high, but the volume production and further advance in Lithium Battery technology will make ICE cars absolute very soon.
The economics and efficiency is the name of the game here. With ICE car you are driving your own power plant with you everywhere, with electric car you get the access to the energy produced somewhere on the industrial scale, which will always be much more efficient. The problem was how to store enough energy - Lithium Batteries have solved this problem.
This is just in a few words the sense of the tectonic shift in our society today. Add here Air Pollution, Distributed Energy Generation, Smart Grid, Solar and Wind Power and you have the picture of the next industrial revolution in action. We are talking about Trillion dollar industries to be disrupted by this development.
Lithium Batteries Gigafactory: Why Morgan Stanley Is Betting That Tesla Will Kill Your Power Company
Morgan Stanley is very vocal about the coming disruption to trillion dollar industries. Cheaper lithium batteries will enable not only mass market for electric cars, but the distributed power generation. Wind and solar power can be used with the existing grid. Every household potentially becomes the power plant and you can use this power for your own electric car.China is the leading wind and solar power generation country in the world now and moving fast to secure the supply for strategic commodities for this green economy: Lithium and REE.
"I would like to share with you the very interesting summary from Seeking Apha on this subject. It confirms my personal observations of the investment and M&A trends in our Lithium industry today. I will share with you few quotes and links which will help you to understand International Lithium strategy and, what is very important, how our strategic partner Ganfeng Lithium sees this mega trends from the ground of the world's biggest auto market in the world in China. Read more"